How does vehicle replacement insurance work?

It covers the difference between the payout you get from your car insurer if your vehicle is written off, and the amount your car would cost to buy new today. It can pay out more than return to invoice GAP insurance because it allows for the rising cost of cars.

This means you should get enough money from your car and vehicle replacement insurance payouts to buy a brand new model of your car.

Vehicle replacement insurance FAQs

Should I buy VRI from the dealership?

No, you should compare quotes online first because it is usually much cheaper when you buy direct from the insurer.

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